Empery Digital Sells Bitcoin to Fund Stock Buybacks
2026-04-01 03:13:32
Empery Digital, a Bitcoin treasury company, recently disclosed the sale of 79 Bitcoins at an average price of $71,031, generating approximately $5.6 million. According to Foresight News, this transaction reduced the company's total Bitcoin holdings to 3,359. As of March 27, Empery Digital has spent around $137 million repurchasing 23,630,147 shares of common stock. The company plans to continue selling Bitcoin as needed to finance future stock buybacks and potentially repay some debt.
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